Finance
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- By Joe Boomgaard
- Finance
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WASHINGTON — A new equity program originated by the FDIC could be a game-changer for Native American-owned banks, but the devil is in the details whether the investment will be a good deal for those financial institutions.
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- By Rob Capriccioso
- Finance
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With some tribes getting millions and even hundreds of millions of dollars as a result of recent pandemic-related funding, the matter of direct per capita payments to tribal members and how tribes are managing them have emerged as major issues.
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- By MARK SANCHEZ
- Finance
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BRENTWOOD, Tenn. — A Tennessee venture capital firm wants to begin doing deals in Indian Country and provide early-stage funding to Native American founders behind startup companies.
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- By Rob Capriccioso
- Finance
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WASHINGTON — A new federal initiative aims to invest $100 million to help Indigenous communities economically recover from the COVID-19 pandemic.
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- By Joe Boomgaard
- Finance
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WASHINGTON — Native community development financial institutions received a $54.6 million funding boost yesterday as part of the U.S. Department of the Treasury’s CDFI Rapid Response Program.
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- By Jenna Kunze
- Finance
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LONGMONT, Colo. — Last summer, Oweesta Corp., the longest standing Native funder of Native-run community development financial institutions in the nation, split from First Nations Development Institute, its parent company for 20 years.
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- By Chez Oxendine
- Finance
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The new Small Dollar Loan program under the U.S. Treasury’s Community Development Financial Institutions Fund could provide some new opportunities for Native CDFIs to serve their clients.
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- By Joe Boomgaard
- Finance
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SHAWNEE, Okla. — The Citizen Potawatomi Nation-owned First National Bank & Trust has signed a definitive agreement to acquire a larger state-chartered bank headquartered in Oklahoma City.
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- By Chez Oxendine
- Finance
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Cryptocurrency company NativeCoin hopes to use blockchain technology to build an economy for Native Americans, by Native Americans.
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- By Jenna Kunze
- Finance
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Despite a 22-percent federal funding boost for Community Development Financial Institutions, Native CDFI leaders say the increase fails to meet the needs for their organizations, whose funding has remained static for the last seven years.